Walter Anderson Museum Of Art Incorporated

Organization Overview

Walter Anderson Museum Of Art Incorporated is located in Ocean Springs, MS. The organization was established in 1975. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Walter Anderson Museum Of Art Incorporated employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter Anderson Museum Of Art Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Walter Anderson Museum Of Art Incorporated generated $805.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $790.1k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ACQUIRE, PRESERVE, EXHIBIT & EDUCATE ABOUT THE WORKS OF WALTER I ANDERSON AND FAMILY

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUIRE, PRESERVE, EXHIBIT, AND EDUCATE ABOUT THE WORKS OF WALTER I ANDERSON, PETER ANDERSON, AND JAMES MCCONNELL ANDERSON.


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Board, Officers & Key Employees

Name (title)Compensation
Julian Rankin
Executive Di
$117,785
Vicki Applewhite
President
$0
Jamie Dent
Treasurer
$0
Misty Shaw-Feder
Secretary
$0
Rich Westfall
Vice Preside
$0
Stephanie Barthes
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $31,057
All other contributions, gifts, grants, and similar amounts not included above$471,209
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$502,266
Total Program Service Revenue$159,754
Investment income $1,156
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $57,747
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $84,724
Miscellaneous Revenue$0
Total Revenue $805,647

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Walter Anderson Museum Of Art Incorporated has recieved totaling $28,043.

Awarding OrganizationAmount
Phil Hardin Foundation

Meridian, MS

PURPOSE: SPACE BETWEEN THE TREES

$25,000
James F Bell Foundation

Minneapolis, MN

PURPOSE: GENERAL OPERATIONS

$3,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$43
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$128,910
Earnings$13,961
Net Contributions$35,724
Other Expense$5,000
Ending Balance$173,595

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